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For sale
    • Price cut: $245K (8/10)
    $2,750,000

    221 Norwood Dr, Miramar Beach, FL 32550

    8beds
    3,808sqft
    : 
    $17,056/mo
    Get pre-qualified
    Single Family Residence
    Built in 2020
    6,098 Square Feet Lot
    $-- Zestimate®
    $722/sqft
    $-- HOA

    What's special

    Refreshed interiorsGulf viewsSpacious levelsPrivate resort-style poolExtensive counter spaceAmple cabinetryGulf-facing balconies
    Welcome to 221 Norwood Drive, an exceptional 8-bedroom, 9-bath coastal retreat located just steps from the sugar-white sands of Miramar Beach. Thoughtfully designed across three spacious levels, this residence combines generous scale, Gulf views, refreshed interiors, and an outstanding location for both private enjoyment and vacation rental use. The main living area has been recently updated with new furnishings, creating a brighter, more elevated setting for gathering and entertaining. An open-concept layout connects the living room, dining area, and kitchen, while abundant windows fill the space with natural light. The kitchen offers stainless steel appliances, ample cabinetry, extensive counter space, and a large island well suited for hosting groups. Each bedroom includes access to a private bath, providing comfort and separation for owners and guests alike. Multiple living and recreation spaces allow larger groups to spread out, while Gulf-facing balconies extend the experience outdoors. Outside, the private resort-style pool and surrounding lounge areas offer an inviting setting for relaxing after a day at the beach. One of the property's most compelling features is the direct path from the backyard to the neighboring beach-access boardwalk, creating an exceptionally convenient connection to the Gulf without the need to cross a busy road. With its 8-bedroom configuration, expansive gathering areas, private pool, multiple balconies, and remarkable proximity to the beach, 221 Norwood Drive is well positioned as a primary residence, second home, or income-producing vacation rental. Its layout and location offer the features guests consistently seek, along with the flexibility for a future owner to refine the rental strategy and maximize the property's potential. Conveniently located near acclaimed dining, shopping, golf, boating, and family attractions, this Miramar Beach retreat delivers the space, accessibility, and coastal lifestyle that make the Emerald Coast so desirable.
    34 days
    |
    707
    |
    29
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Spears Group 850-710-2114,

    Compass

    Source: ECAOR,MLS#: 1007763MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 9
      • Full bathrooms: 8
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Third
      • Area: 288 Square Feet
      • Dimensions: 16 x 18
      Bedroom
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Bedroom
      • Level: First
      • Area: 196 Square Feet
      • Dimensions: 14 x 14
      Bedroom
      • Level: First
      • Area: 192 Square Feet
      • Dimensions: 12 x 16
      Bedroom
      • Level: Second
      • Area: 224 Square Feet
      • Dimensions: 16 x 14
      Bedroom
      • Level: Third
      • Area: 160 Square Feet
      • Dimensions: 10 x 16
      Bedroom
      • Level: Third
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Bonus room
      • Level: Third
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Kitchen
      • Level: First
      • Area: 168 Square Feet
      • Dimensions: 14 x 12
      Living room
      • Level: First
      • Area: 616 Square Feet
      • Dimensions: 22 x 28
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Washer
      • Laundry: Washer/Dryer Hookup
      Features
      • Breakfast Bar, Bookcases, Crown Molding, Vaulted Ceiling(s), Recessed Lighting, Pantry, Shelving, Wet Bar
      • Flooring: Hardwood, Tile
      • Windows: Window Treatments
      • Furnished: Yes
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 3,808
      • Total interior livable area: 3,808 sqft

      Property

      Parking
      • Total spaces: 4
      Features
      • Stories: 3
      • Patio & porch: Covered, Patio, Porch
      • Exterior features: Outdoor Grill, Balcony, Private Yard
      • Pool features: In Ground
      • Has spa: Yes
      • Spa features: Heated
      • Fencing: Privacy
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 70 x 110
      • Features: Irregular Lot, Within 1/2 Mile to Water
      Details
      • Parcel number: 332S21421900000060
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Beach House
      • Property subtype: Single Family Residence
      Materials
      • Frame, Stucco, Siding CmntFbrHrdBrd
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 2020

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: Beach, Game Room, Pool, Short Term Rental - Allowed
      • Security: Smoke Detector(s)
      • Subdivision: N/A
      Location
      • Region: Miramar Beach

      Financial & listing details

      • Price per square foot: $722/sqft
      • Tax assessed value: $2,874,597
      • Annual tax amount: $25,974
      • Date on market: 7/16/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/10/2026Price change$2,750,000-8.2%$722/sqft
        Source: ECAOR #1007763 Report a problem
        7/16/2026Listed for sale$2,995,000-6.4%$787/sqft
        Source: ECAOR #1007763 Report a problem
        9/25/2025Listing removed$3,199,000$840/sqft
        Source: ECAOR #969883 Report a problem
        5/26/2025Price change$3,199,000-5.9%$840/sqft
        Source: ECAOR #969883 Report a problem
        3/1/2025Listed for sale$3,399,000-8.1%$893/sqft
        Source: ECAOR #969883 Report a problem
        2/3/2024Listing removed--
        Source: ECAOR #936328 Report a problem
        11/10/2023Listed for sale$3,699,000+23.3%$971/sqft
        Source: ECAOR #936328 Report a problem
        7/26/2021Sold$3,000,000+445.5%$788/sqft
        Source: ECAOR #878311 Report a problem
        10/31/2018Sold$550,000+25%$144/sqft
        Source: Public Record Report a problem
        7/21/2003Sold$440,000$116/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$25,974 -1%$2,874,597 +0.7%
        2024$26,244 +4.6%$2,854,152 +10%
        2023$25,090 +14.8%$2,594,684 +10%
        2022$21,860 +103.5%$2,358,804 +112.6%
        2021$10,741 +133.7%$1,109,681 +141%
        2020$4,596 +4.5%$460,460 +4%
        2019$4,397 $442,750 +146.4%
        2018$4,397 +210.8%$179,664 +3%
        2017$1,415 +5.6%$174,431 +4%
        2016$1,340 +4.6%$167,722 +28.4%
        2015$1,280 +19.5%$130,625 +10%
        2014$1,071 $118,750 +85.8%
        2013-- $63,911
        2012-- $63,911 -5%
        2011-- $67,275 -10%
        2010-- $74,750 +19.4%
        2009-- $62,617 -12.2%
        2008-- $71,280 -10%
        2007-- $79,200
        2005-- $79,200 +10%
        2004-- $72,000 -2.3%
        2003-- $73,659 +0.1%
        2002-- $73,587 +174.7%
        2001-- $26,787
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 32550

        Getting around

        39 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Van R Butler
        • Middle: Emerald Coast
        • High: South Walton

        Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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